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Russia lifts gasoline export ban for producers, extends for others

Published by Global Banking & Finance Review

Posted on November 30, 2024

1 min read

· Last updated: January 28, 2026

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Russia Eases Gasoline Export Ban, Extends for Others

MOSCOW (Reuters) - Russia's government has lifted a temporary ban on gasoline exports for producers but extended the restrictions for other exporters of the fuel until Jan. 31, 2025, it said on Saturday.

The initial ban on gasoline exports was set to expire at the end of this year.

"The decision was taken to maintain a stable situation in the domestic fuel market, support the economy of oil refining, and counteract grey exports of motor gasoline," the statement says.

(Reporting by Maxim Rodionov; Editing by Jan Harvey)

Key Takeaways

  • Russia lifts gasoline export ban for producers.
  • Restrictions extended for other exporters until Jan. 31, 2025.
  • Aim to stabilize domestic fuel market and support oil refining.
  • Initial ban was set to expire at the end of this year.
  • Decision counters grey exports of motor gasoline.

Frequently Asked Questions

What is the main topic?
The main topic is Russia's decision to lift the gasoline export ban for producers while extending it for others to stabilize the fuel market.
Why did Russia extend the export ban?
Russia extended the ban to maintain a stable domestic fuel market and support the economy of oil refining.
When does the extended ban expire?
The extended ban for other exporters expires on January 31, 2025.

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